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Beach Property with 2 Houses and 4.300 m² land area in Itaparica, Vera Cruz



Beach Property Vera Cruz: 4.300 m², main house and caretaker´s or guest home, 420 m² constructed area, 40 m from the beach

Summary and Facts:

For sale is a beach front landplot with 4300 m² . The property (fully deeded – that is with escritura publica) has 2 houses: the Main House with 220 m² with 2 suites, living room, kitchen, guest bathroom and terrace, about 40 meters from the beach. The main house is completely clad in solid wood and is already rented. Another support house with 200 m² with 4/4 living room, kitchen and terraces. This support house was just renovated and is without furniture. The property has access from Rua do Calado em Catu and also has a ramp to access it directly from the sea. Currently, the road to Vila de Catu (BA 882) is being asphalted.

For more information please contact us.

Additional Information regarding Itaparica and the surrounding area:

The “Ilha da Itaparica” is an island which can be found in the All Saints Bay in the Salvador Metropolitan Region, soon to be connected by a monumental bridge.

The island is split into two municipalities (municípios): the principal capital of the same name, Itaparica, with around 23,000 inhabitants and an area of 117 km², and Vera Cruz, which is much larger in terms of area, with 300 km² and around 42,000 inhabitants.

The island’s population is indicated as 58,292 according to the 2010 census and as of 1 July 2014 is estimated at a total of 64,579 inhabitants. Itaparica is a tourism hub in Bahia, considered one of the most beautiful places in Brazil and with high development potential due to the future construction of the Salvador-Itaparica bridge.

Official and Municipal Information: https://itaparica.ba.gov.br/

General Observations and Considerations:

  1. This property is just for sale, not for rental of any kind.
  2. It is strongly advised that interested buyers conduct a visit of the property with a subsequent diligence in order to make an informed decision on whether to proceed with the purchase. It is however expected that the prospective client has the necessary financial means to purchase. It is important to note that Brazilian banks or in general financial institutions do not give, under any circumstances, loans or mortgages to foreigners. Also, it is very rare that European or American banks concede loans or mortgages for purchasing real estate in Brazil. It is thus indispensable to have the proper capital in order to effectuate a purchase.
  3. The buyer/investor does not pay any kind of commission to the realtor in Brazil – the commission is strictly the responsability of the seller. However, the buyer is responsible for paying the notary costs as well as the ITBI (Imposto de Transmissão de Bens Imóveis – the property transfer tax) which ranges, depending on the state, between 2 – 3 %.

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